To downsize, or not to downsize?
Here's a quiz to help you decide! Finance Expert, Rubina Ahmed-Haq, shared this quiz with the audience. The more you answer yes, the more you should consider downsizing your home.
- Are there rooms in your house that you aren't using?
- Do you dream of taking more vacations?
- Have your guest rooms been unused for the last six months?
- Do you have more than three bathrooms?
- Is cleaning your house becoming stressful?
- Do you have more than one junk room in your house?
- Are all your kids married and living in their own homes?
- Has your home value appreciated by more than 100%?
Downsizing Pros
- Save money
- Less stress
- Eco-Friendly
- Accessibility
The Cons of Downsizing
- Getting rid of stuff
- Less space
- Fewer house-guests
- Giving up old neighbours